Introducing OTC Trading – Now Available on Altcoins.bg
In the world of cryptocurrencies, OTC (Over the Counter) trades are a key tool for investors and businesses dealing with large amounts who are seeking better conditions and greater security in executing their transactions. At Altcoins, we proudly present our OTC service, designed to provide users with convenience and ease in large-scale crypto deals.
OTC transactions are typically for amounts over $100,000 or the equivalent and are not conducted through standard spot exchange services. Instead, they go through specialized OTC trading desks. This gives clients access to better rates and increased reliability when executing high-value trades.
At Altcoins, our OTC process is fast and efficient. Clients simply need to sign an OTC agreement (for your protection, ensuring we fulfill all obligations as promised), transfer the desired amount, and once received, we source the best price from the OTC desks of all our connected exchanges. This way, you benefit from the relationships we’ve built over the years — and secure the best possible terms for buying or selling the crypto you need.
In addition, OTC deals enable international transfers. This is especially valuable for large investors and businesses working with foreign partners or making cross-border payments. Altcoins have direct connections with two of the largest exchanges specializing in OTC trading — Binance and Kraken. These direct channels allow us to obtain the best offers for our clients.
One of the major advantages of OTC deals is the fast settlement and lower fees. This saves you both time and money, as OTC trading fees are significantly lower than those for standard orders on the platform. To ensure safety and compliance with legal requirements, clients are required to provide proof of funds origin in accordance with the Bulgarian Anti-Money Laundering Act (AMLA).
For more information about OTC trades or to submit a request, feel free to contact us. Our expert team will assist you in completing a successful transaction.
Wishing you success, and thank you for your trust!